
Toyota's global production hits record high in November as supply crunch eases
Dec 28, 2022 22:13 pm UTC| Business Economy
Toyota Motor Corps global production for November rose 1.5 percent from a year earlier to a record high of 833,104 vehicles for that month marking an increase for the fourth straight month as the supply issue had...

US govt to probe Southwest Airlines over 'unacceptable' flight cancellations, delays
Dec 28, 2022 22:02 pm UTC| Business Economy Law
The US Transportation Department would investigate Southwest Airlines over a large number of canceled and delayed flights to determine if the airline had control over the situation. On Monday, Southwest canceled 2,886...

US FDA to weigh safety of cannabis compound CBD in food, supplements
Dec 28, 2022 21:57 pm UTC| Law Health Economy Business
The US Food and Drug Administration (FDA) is planning to regulate the use of the cannabis compound CBD in food and supplements after weighing the evidence on the compounds safety. The FDA will decide whether regulating...

Hyundai Mobis, Sinclair partner to provide state-of-the-art vehicle broadcast system
Dec 28, 2022 10:49 am UTC| Business Economy
Hyundai Mobis and Sinclair Broadcast Group Inc. announced their partnership deal to develop a digital broadcasting system for vehicles. They will be introducing an advanced broadcast platform with a next-generation system...

Hanwha, Doosan announces team up for wine business, aim to complete with Lotte and Shinsegae
Dec 28, 2022 09:44 am UTC| Business Economy
Hanhwa Group and Doosan revealed they have partnered for wine business. The companies unveiled their own with the aim of competing with local firms that have also released their own alcoholic brands, such as Shinsegae and...

Hyundai Motor, Kia to enter market for used car-selling business
Dec 28, 2022 09:37 am UTC| Business Economy
Hyundai Motor Co. and Kia Corp. are reportedly in the last stage of their preparation for their entrance into the second-hand car market. The automakers are said to be starting their used car-selling business next...

AT&T, BlackRock signs joint venture agreement to offer fastest fiber optic services
Dec 28, 2022 08:53 am UTC| Business Economy
ATT Inc. and BlackRock Inc. have formed a joint venture called Gigapower LLC to become a wholesale fiber services provider in the United States. They will be setting up a fiber optic platform for this collaborative...